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XRP Price Prediction: Ripple Set to Retest $2.80–$2.76 Support Before Surging to $3

XRP Price Prediction: Ripple Set to Retest $2.80–$2.76 Support Before Surging to $3

Published:
2025-08-29 20:23:41
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XRP teeters on the edge of a major support retest—traders watch for the bounce.

Support Levels Hold the Key

Ripple's price action suggests a pullback toward the $2.80–$2.76 zone. That range could serve as the launchpad for the next leg up. If it holds, expect momentum to build rapidly.

Rebound Targets in Sight

A successful defense of support sets the stage for a run toward $3. Resistance near that psychological barrier won’t give way easily—typical market behavior where round numbers make traders suddenly remember what 'risk management' means.

Market Sentiment and Next Moves

Bullish divergence on lower timeframes hints at underlying strength. But let’s be real—if traditional finance jargon can make gold sound exciting, crypto doesn’t need much help. XRP’s move will depend on whether buyers step in before sellers break the floor.

XRP Price Prediction: Ripple Could Retest $2.80–$2.76 Support Before Rebounding Toward $3

Despite the latest pullback, market analysts remain focused on the $2.80–$2.76 zone as a crucial level for Ripple’s token. A successful defense could pave the way for a rebound toward $3.00 and beyond, keeping Optimism alive heading into September.

XRP Price Performance and Market Context

On August 29, 2025, the price of XRP today dropped by 5.35% to trade NEAR $2.82, according to Brave New Coin. The decline coincided with a broader market correction that dragged down 95 of the top 100 cryptocurrencies.

XRP Price Performance and Market Context

XRP was trading at around $2.82, down 5.35% in the last 24 hours at press time. Source: xrp price via Brave New Coin

Weekly performance still shows resilience, with XRP up over 3%, though the monthly chart reflects nearly a 6% pullback. The XRP coin price currently holds a market capitalization of around $178 billion, while daily trading volume surged nearly 79% to $6.7 billion, signaling strong investor engagement despite the downturn.

Technical Outlook: $2.80 Support in Focus

From a technical perspective, XRP remains locked within a tightening symmetrical triangle. Sellers continue to cap rallies near the $3.05–$3.10 range, while buyers defend support around $2.85–$2.88. This compression is building toward a decisive breakout.

Technical Outlook: $2.80 Support in Focus

XRPUSDT eyes bullish continuation after retesting $3.26, with strong support at $2.80. Source: HolderStat on TradingView

“XRP needs a close above $3.10 to escape compression,” noted market analysts, warning that continued stalling could draw sellers back to the $2.80 level. Momentum indicators echo this cautious tone—RSI has slipped to 40, signaling bearish pressure without reaching oversold levels, while MACD remains flat.

If XRP breaks below $2.85, analysts see potential downside toward $2.76 and even $2.60, where long-term moving averages could provide stronger support. Conversely, a rebound from current levels could quickly retest $3.10, with upside targets at $3.20 and $3.50.

On-Chain Data and Whale Activity

On-chain flows suggest a tilt toward bearish sentiment. Data from Coinglass shows net exchange outflows of nearly $49.3 million on August 29, extending a multi-week trend of distribution. This contrasts with earlier accumulation phases that had briefly supported XRP above $3.30.

Adding to the selling pressure, Ripple co-founder Chris Larsen reportedly transferred 50 million XRP—worth roughly $140 million—sparking algorithmic selling. Such large movements often weigh on short-term sentiment, though institutional demand and trading volume remain robust.

Ripple’s Regulatory Clarity and Institutional Drivers

While short-term indicators lean bearish, Ripple Labs continues to strengthen long-term confidence in XRP. The resolution of the Ripple vs SEC lawsuit, which confirmed that XRP sales on public exchanges are not securities and imposed a reduced $50 million penalty, has removed one of the largest regulatory overhangs.

This clarity has boosted optimism around future products, including a possible spot XRP ETF, with analysts estimating an approval probability above 80% by year-end. Ripple’s cross-chain partnership with Cardano also supports bullish narratives, with the collaboration expected to enhance interoperability and drive institutional adoption.

XRP Price Prediction: Short-Term and Long-Term Scenarios

In the immediate term, the XRP price prediction hinges on defending the $2.80–$2.76 cluster. Holding this zone could trigger a rebound toward $3.00, keeping bullish momentum alive into September. Failure to do so, however, risks exposing XRP to deeper retracements around $2.60.

XRP Price Prediction: Short-Term and Long-Term Scenarios

XRP in 5th wave—weekly bull flag signals potential surge to $5.50 after resistance breakout. Source: BitcoinGalaxy on TradingView

Looking further ahead, analysts remain constructive. The XRP price prediction 2025 ranges between $3.50 and $5.00 if institutional adoption accelerates, while the XRP price prediction 2030 envisions significantly higher valuations as Ripple’s payment infrastructure expands globally.

Final Thought

The XRP news today underscores a market caught between technical compression and strong fundamentals. Short-term caution persists as traders watch the $2.80 support zone, but regulatory clarity, institutional adoption, and ETF prospects provide long-term optimism.

For now, all eyes remain on whether bulls can defend $2.80 before attempting another push toward $3.00—a MOVE that could set the tone for XRP’s September performance.

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